21Vianet Group, Inc. (NASDAQ:VNET) Update

In last trading session, the stock price of 21Vianet Group, Inc. (NASDAQ:VNET) closed at 19.13. It hit a high of 19.58 and low of 18.99 in current trading session. 21Vianet Group, Inc., which is a NMS public traded firm, has a market of 1.66B and has recorded an average daily volume of 1132210 since the last three months.

While analyzing the stock in technical terms, it is seen that the stock has a 50 Day Moving Average of 20.14 and is trading -5.26% from it. Also, from its 200-day average, it is trading -2.21% off that mark. The stock’s current trading price is -16.54% off its 52-week high of 22.86 and +26.95% off its 52-week low of 15.03.

Many research analysts have given their price and earnings estimates on the stock. Based on these reports, the sell-side analysts expect the stock to touch price level of 23.34 in the coming one year. As per the record, the company’s earnings during the last one year averaged at -0.96 per share. The First Call stated that the company is expected to post earnings of 0.37 per share in next quarter. The market consensus forecast for this fiscal EPS stands at 1.19 while for next year it is projected at 1.60.

The price to earnings ratio abbreviated as P/E ratio determines the company’s valuation by comparing existing market price, with its per-share earnings. 21Vianet Group, Inc. (NASDAQ:VNET) P/E ratio stands at N/A. This is a significant ratio as higher ratio indicates that investors are expecting higher earnings growth prospects against other companies in the same industry. As per the brokerages estimates the stock’s Price to current year EPS sits at 16.03 and next year’s EPS at 11.93.

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